Thanks, Exxon: Families Spend $1,000 More on Gas Per Year

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There was a mini-firestorm Monday when I reported that the average price for a gallon of gas is at its highest level ever and asked SUV owners to justify their choice of car in the comments. You can see the results here.

Today, a follow up. A study led by consumer groups shows that American households spend $1,000 more per year on gasoline than they did just five years ago.

Click the chart for a larger version.

 gas_chart300.jpg

You know how every so often there is a news story about how ExxonMobil has set a new record for quarterly profits? They did it again in the first quarter of 2007. Their earnings from January to March of 2007 exceeded their already astronomical quarterly earnings record by 10%. Total take in three months: $9.3 billion.

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LESS DREADING, MORE DOING

This is the rubber-meets-road moment: the early days in our first fundraising drive since we took a big swing and merged with CIR to bring fearless investigative reporting to the internet, radio, video, and everywhere else that people need an antidote to lies and propaganda.

Donations have started slow, and we hope that explaining, level-headedly, why your support really is everything for our reporting will make a difference. Learn more in “Less Dreading, More Doing,” or in this 2:28 video about our merger (that literally just won an award), and please pitch in if you can right now.

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